Pictured above: Steven Byrne
Eclipse, the second and final residential phase of Bristol's
£500 Cabot Circus development is due to complete by early
next year, say Birmingham based property developers MCD.
The privately owned development, regeneration and investment
company, based in Water Street Court has commenced the fit out of
the £25 million, 18- storey building in Bristol.
The prominent development conveniently sits above the chic
Harvey Nicholls department store and is set to house 76 high
quality one and two bedroom apartments and three bedroom duplex
penthouses. All properties come with balconies and views across
Bristol.
The first apartments will be ready to move into by this
October.
Completion of the apartments will signal the end of the Cabot
Circus regeneration project which began in 2005, when the Bristol
Alliance invested £500m in Bristol's biggest re-vamp since
the end of World War II.
The luxury apartments, with panoramic views across the city will
be priced at around £187,500 for a one bedroom apartment and
from £274,500 for a two bedroom apartment.
Commenting on the development, co-founder and chief executive of
MCD, Steven Byrne said:
"We are delighted to announce that construction work has begun
on Eclipse. The previous phase of the Cabot Circus residential
development, Horizon, proved a great success for MCD Developments,
with only eight properties out of 119 currently remaining on the
market, despite the recent economic climate. MCD tailored its
approach to the development of Eclipse to suit the economy and felt
that 2011 would be the ideal time to progress with the final phase
of the luxury development. Whilst the market's return to stability
is still in its infancy, we are confident off the success of
Eclipse."
Other MCD developments include the conversion of Brindley House,
an ex-telecommunications building, vacant for many years and once
dubbed 'the ugliest building in Birmingham', now an award winning
182 apartment development and Warwickshire County Cricket Ground in
Edgbaston.
MCD will be developing the apartments in line with its current
green and sustainable award winning standards.